Table of Contents

 Executive Summary

Our business adopted a Corporation type of business consisting of 5

stockholders, that have equal shares of stock in the business. Everyone will
contribute ideas and money in forming a business, with the purpose of gaining
profit and divide among themselves according to the contract they signed into.
We came up with the name “Sci-Tech Consultant”, “Sci-Tech” stands for
Science and Technology, because our business offers an application for the
maintenance and to ensure the security of science laboratory apparatuses. The
site is located at Brgy. Rizal, Sogod Southern Leyte. We chose this location for
Sci-Tech Consultant, because the area fits the concept that we have in mind. It is
near in SLSU Main Campus and is accessible for easy transportation.
The main objective of this business is to develop an Inventory Management
System using QR Code Technology in Science Laboratory with SMS Notification.
It provides a portal for proper recording of items in the science laboratory, update
inventory, create borrowers profile, track status of each equipment borrowed and
generate weekly, monthly, yearly reports on the stock level of various chemicals.
Science Laboratory is using a handwritten document in a recording of all
the data that need for their reports such as the names of the equipment’s and
apparatuses, the description, information of the student who borrowed, time of
releasing and returning those materials especially in the main campus of Southern
Leyte State University. Keeping the records of the material in an organized manner
to avoid waste of time searching for and collecting reagents, and other supplies.
These often mean science laboratory are losing while increasing the risk of human
error. The student who borrowed materials from the laboratory should get a
borrower slip to fill up such as ID number, name, course, year and section, date
and time for getting the materials from the science laboratory technician.
The Science Laboratory can benefit from this study in the sense that it could
reduce time-consuming especially in managing the records and issued the
materials to the student. Some of the benefits of the said study are, first, it will
computerize the record keeping of substantial. Second, it will provide an efficient
and convenient report generation and maintenance. Inventory Management
System using QR Code Technology in Science Laboratory is an example of a
newly developed technology which can facilitate in searching of records and can
update the inventory it will also enhance the quality of service in the Science
Laboratory.
 Marketing Plan
 Product or service
 Target Market
o Area Coverage
o Consumer/Customer
 Demand and Supply Analysis
o Total Potential demand
o Present supplier or competitor
 Projected sales
o Per month
o In volume and in pesos
 Marketing program/strategies
o Consider the practices of competitors
o Own marketing program/strategies
 Marketing/selling expenses

 Production/Operations Plan

 Technical production description

 Production / Operations Process

o Step by step Procedure

1. Requirement Analysis Phase. Get the requirements of the system that need to

established and gathered some significant required.

2. Designing Phase. Create a flowchart, database design, and architectural design

that served as the guide in designing the whole system.

3. Coding Phase. Start coding using Visual Basic 2012 programming language tool

as the front end and MySQL 2005 for the database as the back end to develop

the application.

4. Testing Phase. Tests the system if the system is functional, usability and

reliability.
 5. Deployment Phase. The said system will be implemented to the target customer

enable them to use the system in providing their materials record and the

borrower’s record.

6. Maintenance Phase. Ensure the system is working correctly, and if it is

encountered troubleshooting.

o Duration per step per batch

The duration of step per batch may vary on how the procedure takes a period of
time.

1. In getting the requirement of the system it depends how detailed the system is.
2. In designing phase it contains 2-3 days only.
3. In coding phase, it contains 1-2 weeks.
4. In testing phase, it only contains a minutes for testing the functionality of the
system.
5. In deployment phase, it contains an hours to set up the application.
6. In maintenance phase, it depends upon the problem of the system especially in
troubleshooting, updating and others.

o Labor and Machine requirement per set up

In gathering the data for the system requirement there should be 1-2 persons.

In designing the user interface and coding the system must have only one person is

needed. In testing the functionality of the program 1-2 persons are needed as well as

the system maintenance. The system will finalize checking to the manager at least 1-

2 person, if there is an error to the application. Since the concept of our shop is

technology savvy in which you can also tell the software developer what you want.
 Production schedule

o Monthly Breakdown

 Labor Requirement

The Sci-Tech will require of 6 employees. Since the business will be operating
8 hours just like an regular office hours. It will start 8:00 AM – 5: 00 PM in which all the
employees has a different task. There will be an Production Manager in which he/she will
be the one to manage the system includes leading the planning and the development of
all the requirement analysis. He/she is also responsible for a budget, work plan, and all
the project management procedure. The other employee is a System Analyst, the one
who checks that all parts of the system are coordinated he can also do the testing phase
to ensures the quality of the software product and help find and eliminate any, bugs.
He/she also determines the functionality of every aspect of particular application. Next,
the Software Developer will be the one who design,coding, write, and test computer
programs. Then Financial Staff, he/she is responsible for our accounting for various forms
of revenue and expenses for a company/consultant. Lastly, the Marketing Staff, the staff
of our business in marketing department is responsible for promoting and driving the sales
of the business good and services.

 Machinery / Equipment Requirement

The following are the list of Machinery and Equipment needed in the
operations of Sci-Tech and its annual.

Tools / Equipment’s Quantity Cost per unit Total (In Pesos)

(In Pesos) per year

QR Scanner 1 ₱17,000.00 ₱17,000.00

Computer set 1 ₱18,000.00 ₱18,000.00

QR Printer 1 ₱9,750.00 ₱9,750.00

Total Cost of Equipment’s ₱44,750

 Materials & supply requirements

The following are the list of Materials & supplies needed in the operations of Sci-
Tech and its annual.

Materials & supplies Quantity Cost per unit Total (In

requirement (In Pesos) Pesos) per

year

Inkjet QR printer 10 100 1000

Thermal Paper 10 500 5000

Total Materials & supply ₱6,000

expenses

 Plant/Factory Location
A site has been chosen in Brgy. Rizal, Sogod, Southern Leyet for the following reasons:
 Nearness to the close-by residents.
 Near at school and university which is easy to be access.
 High visibility.

 Utilities Requirement

The only utilities expenses that Sci-Tech Consultant must pay are operation bill
expenses like electricity, water bill, rental fees, the phone bill for business purposes and
internet subscription fee. It has allocated ₱60,000.00 for the first year. As revenue
increases in the second and third year of business, Sci-Tech Consultant intends to invest
more money for additional Utilities coverage.

 Plant layout
 Waste disposal system

 Quality control system

 The Science Laboratory of SLSU is using a handwritten document in recording
their reports such as in borrowing of equipments and apparatuses, since we are adopting
a technology based so that we can easily do our work in an efficient and convenient way.
The Sci-Tech Consultant solved the problem in Science Laboratory of SLSU through
developing an application to reduce time consuming especially in managing the records.
With this in mind Sci-Tech intend our marketing programs to expand accordingly. It’s
project sales increase accordingly, though slightly slower as we establish a reputation for
ourselves. With time, a presence on the Internet and participation in regional trade shows
will be key milestones to expanding sales and marketing potentials through the utilization
of new channels and identification of potential customers.

Sci-Tech Consultant will practice sound management procedures in order to

control costs, insure quality of product and provide friendly customer service throughout
the year we intend to undertake regular evaluations of our marketing programs so as to
ensure that we are in-line with our intended objectives.

 Tracking and follow-up: We intend to have the discipline, as an organization, to track

results of the business plan and make sure that we implement.
 Focus: We intend to have the discipline to maintain the market segment focus.
 Saying no: Though difficult initially, we intend to be able to say no to special deals that
take us away from the target focus and are unprofitable.

 Order Guide: The company will use an item specific order guide to track order history
and maintain designated levels of product In inventory.
 Weekly Inventory: Management will conduct a weekly inventory to determine valuation
for use in the preparation of weekly profit and loss reports.
 Daily Inventory Tracking: Daily inventory will be taken on specific items. Movement will
be compared to sales data to ensure designated products have been properly
accounted for.

 Production cost

Tools / Equipment’s Quantity Cost per unit Total (In Pesos)

(In Pesos) Per year

 QR Scanner 1 ₱17,000.00 ₱17,000.00

Computer set 1 ₱18,000.00 ₱18,000.00

QR Printer 1 ₱9,750.00 ₱9,750.00

Total Cost of Equipment’s 44,750

Materials & supplies req.

Inkjet QR printer 10 100 1000

Thermal Paper 10 500 5000

 Total Materials & 6,000

supply expenses

Total ₱50,750

 Organizational Plan
 Legal form of business
Sci-Tech Consultant has a small corporate business ranging 5-8 employees.
 Organizational structure
Sci-Tech Consultant has simple structure offers a great deal of flexibility and allows
communication to disperse quickly and directly. Because of these characteristics, there
are few coordination problems seen that are common within larger organizational
chains
 Qualification of offciers
The General Manager adopted an effective interview process designed to staff the company
with highly qualified people for each position. The applicant has had two years of
experience in the defenitely industry. This person’s responsibilities will include the
managing staff, developing a marketing strategy and perform daily other managerial duties.
This strategy will enable Sci-Tech Consultant to react quickly to changes in the market. All
officers and employees of O Sci-Tech Consultant will be afforded equity positions in the
company.

 Office equipment
The following is a list of essential office equipment;
 A set of Computers
 Furniture
  Office Supplies
 Multifunction Printer
 Telephone for Business purposes
 Internet Connection

 Gantt Chart of activities

o Charting activities against time

Activities Jan. Feb. March April May June July Aug. Sept. Oct.
Set up the
office
Website
Completion
First quality
order
40,000 in
sales
Profitabity

 Administrative expenses

The following are the list of administrative expenses needed in the operations of Sci-Tech
Consultant, in its annual.
 Financial Plan

Administrative expenses Year1 Year 2 Year 3

Office supplies expense 71,500.00 78,100.00 84,000.00

Insurance 5,000.00 5,600.00 5,600.00

Office equipment 500.00 1,000.00 1,107.00

Operation Bill Expenses 20,000.00 20,300.00 20,300.00

Total admin expenses 80,000.00 88,000.00 94,007.00

 Total project Cost

 Sources of financing
 Projected financial Statement
o Projected income statement
o Pro forma balance sheet
o Cash flow projection
 Profitability index
o Return on Investment (ROI)
o Break-even analysis
o Payback period
 o Net income: sales ratio
 List of Assumptions used

 Supporting attachments (annexes)

 Market research data
 Business Model Canvas
 Lease of contracts

This Agreement is made on March 13, 2019, between Jenifer Cagape, a founder of
Sci-Tech Company, and Lady Roselle Cubian, Rochelle Baguio, Carla Daniella
Antiquina,Trina Isable Masing.

WHEREAS, The individual parties to this agreement are shareholders in Corporation.

WHEREAS, Other persons who become shareholders in Corporation from time to time
shall become parties to this agreement by signing it and shall be bound by it.
The parties agree as follows:

1. Purpose. The sole purpose of the firm is to engage in the practice of corporation,
with usual operations in Sogod, Southen Leyte, and other business conduct incidental
to the conduct . Corporation shall make no investments unrelated to the firm's purpose.
2. Board of Directors. The individuals signing this agreement agree to cast their votes
as stockholders of Corporation, during the term of this agreement, to name as directors
of Corporation all persons owning stock in Corporation from time to time. Each party
acknowledges, however, that as directors of Corporation no individuals can
contractually agree to vote in any particular way with respect to Corporation's affairs.
3. Management. For each fiscal year of Corporation, the board of directors, under
the bylaws of Corporation, is required to name a president of Corporation. During the
term of this agreement, the president shall be responsible for the day-to-day affairs of
Corporation and in such matters shall have the authority to bind Corporation without
the consent of any other persons regardless of whether they are shareholders,
directors, or officers of Corporation. The president shall have the authority to authorize
expenditures of up to 50,000.00 in corporate funds without the consent of any other
party. All expenditures in excess of 50,000.00 must be approved by a majority of the
board of directors. The president shall have the power to hire and fire employees of
Corporation (other than those whose employment is governed by employment
contracts) without the consent of any other person.
4. Working Capital Loans. Each of the parties to this agreement agrees to loan to
Corporation, from time to time, amounts for working capital of Corporation that the
president determines are necessary to meet the financial commitments of Corporation.
The capital shall be loaned by the parties in proportion to their stock ownership in
Corporation and shall bear interest at the prevailing prime rate from time to time at the
metro bank. An individual's failure to make the working capital loans shall be grounds
for termination of Corporation's employment agreement with the individual.
Repayment of a working capital loan shall be made at the time determined by the
president or on the death of, permanent and continuous disability of, or withdrawal
from Corporation by, a party to this agreement. Repayment shall be made in five equal
annual installments, the first of which is to be paid six months after the death or
withdrawal or at the end of the period for determining permanent and continuous
disability under the deferred compensation agreement applicable to an employee. Any
installment due after the starting date shall bear interest at the prime rate from time to
time at metro bank.
5. Expulsion of Employee from Firm. On a vote of all the parties to this agreement
other than the affected party, the affected party shall be expelled from the firm for
cause. The expulsion shall be treated as a permanent withdrawal from Corporation
and as an event that triggers Corporation's purchase of the affected party's stock. The
expulsion vote shall first determine whether any of the following reasons for expulsion
exist:

a) suspension or other major disciplinary action by any duly constituted authority,

including the department of licensing and regulation.
b) professional misconduct or violation of the code of professional ethics
c) action that injures the professional standing of the firm, if the action continues
after its desistance is requested by the management committee
d) insolvency, bankruptcy, or assignment of assets for the benefit of creditors of
the affected party
e) any other reason that the parties, other than the affected party, unanimously
agree warrants expulsion

6. Miscellaneous Provisions.
a) All provisions of this document shall be construed in accordance with the laws
of the state of Philippines.
b) Each party executing this document has done so with the understanding and
agreement that he or she has bound and obligated himself or herself, his or her
estate, and any and all claims by, through, or under him or her, and, with respect
to Corporation, has bound its successors and assigns.
c) The parties to this agreement agree that the understandings contained in this
agreement are unique and that enforcement of the provisions of this agreement
may, in addition to any other remedies provided by law, be obtained by specific
performance upon an order or judgment from a court of competent jurisdiction.
7. Amendments. An amendment to this agreement may alter, revise, delete, or add
to any provision or provisions of this agreement; all the amendments shall be in writing.

The parties have executed this agreement on the date listed on the first page of this
agreement.

Sci-Tech Consultant

[SHAREHOLDERS]
Lady Roselle Cubian
Rochelle Baguio
Carla Daniella Antiquina
Trina Isabele Masing
Witness: Mark Vincent Bulfa
Witness: Stephen Paul Angub
Witness: Kevin Rae Requierme
Witness: Anthony Quiban
 Price list from suppliers

Items Names Price

Inkjet QR Printer 100
Thermal Paper 500
QR Scanner 17,000
Computer Set 18,000
QR Printer 9,750
Total Cost Price: ₱45,350

 Commitment letters, if any